Callidus Capital (TSE:CBL) Reaches New 1-Year High - Should You Buy?

Key Points

• Callidus Capital Corp reached a new 52-week high of C$23.25 during recent trading, indicating a positive market performance.
• The company has a significant debt-to-equity ratio of 1,111.72, which may raise concerns regarding its financial leverage.
• Currently, Callidus Capital holds a market capitalization of C$1.33 billion and has a negative price-to-earnings ratio of -5.46.

Callidus Capital Corp (TSE:CBL - ) reached a new 52-week high during trading on Tuesday . The stock traded as high as C$23.25 and last traded at C$23.24, with a volume of 200 shares. The stock had previously closed at C$23.10.

Callidus Capital Trading Up 0.6%

The firm has a fifty day simple moving average of C$22.33. The company has a current ratio of 0.78, a quick ratio of 0.45 and a debt-to-equity ratio of 1,111.72. The company has a market cap of C$1.33 billion, a price-to-earnings ratio of -5.46 and a beta of 1.04.

Callidus Capital Company Profile

The fund investing in exchange traded funds (ETFs) that invest in Canadian, U.S. and international fixed income and equity securities. The fund provide a balance between longterm capital appreciation and income with an emphasis on longterm capital appreciation.

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